Series 51: Exercise

Taken from our Series 51 Online Guide

Exercise

Answer true or false.

1. True or false: The only required signatures on a “plain vanilla” new client account form are those of the registered representative and the principal.

2. True or false: Only a Municipal Securities Sales Principal may review and approve the opening of a customer account.

3. True or false: All the information on the new client account form must be obtained from the customer before the completion of the first transacti

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